Who is the funniest woman in Hollywood? Cameron Diaz and Jennifer Aniston to go head-to-head at annual Comedy Awards

And now Jennifer Aniston and Cameron Diaz are about go head-to-head, battling it out for one of comedy's top honour.

Both women have both been nominated for Best Actress at the Second Annual Comedy Awards.

Head-to-head: Jennifer Aniston and Cameron Diaz are both up for Best Actress at this year's Second Annual Comedy Awards

Nominees were announced today, and the list also includes a slew of nominations for 2011's hit film Bridesmaids.

Honouring the best in the world of laughter, the ceremony will be held at the Hammerstein Ballroom at the end of next month, and will be aired the following month on May 6.

Leading ladies Diaz and Aniston do however have some stiff competition in their category.

Favourite: Leading ladies Diaz and Aniston have some stiff competition in the form of Kristen Wiig

They will go up against both Kristin Wiig and Melissa McCarthy in the the Best Actress category.

Crazy, Stupid, Love's Emma Stone also rounds off the list.

Jean Dujardin, who won Best Actor at the Oscars, is once again nominated in the same category, alongside Aniston's Horrible Bosses co-star Jason Bateman, Steve Carell (Crazy, Stupid, Love), Zach Galifianakis (The Hangover Part II) and Owen Wilson (Midnight in Paris).

Honouree: Crazy, Stupid, Love's Emma Stone also rounds off the list in the Best Actress category

Joining Bridesmaids in the Best Film category is Crazy, Stupid, Love, Midnight in Paris, Horrible Bosses, and The Artist, which scooped the Oscar pool this year.

Modern Family, which won Best TV Series last year, is nominated for the second year running, and is up against 30 Rock, Curb Your Enthusiasm, Parks and Recreation and Happy Endings.

Like Aniston and Diaz, the hit TV show's sexy female lead Sophia Vergara is pitted against Wiig in the Best Actress in a TV Series category, who is this time is nominated for her role on Saturday Night Live.

Huge hit: Bridesmaid was one of the biggest comedic hits of 2011 and is nominated for several awards

Family matters: Modern Family, which won Best TV Series last year, is nominated for the second year running

The two women are joined by Zooey Deschanel (New Girl), Tina Fey (30 Rock) and Amy Poehler (Parks and Recreation).

As for the men, Emmy Award-winning Alec Baldwin is up for top honours for 30 Rock.

Also in the Best TV actor category is Ty Burrell (Modern Family), Louis C.K. (Louie), Steve Carell (The Office) and Larry David (Curb Your Enthusiasm).

Funny women: Modern Family's Sophia Vergara and New Girl's Zooey Deschanel are both nominated for Best Actress in a TV Series

This year's nominees were selected by The Comedy Awards Board of Directors.

The group consists of a long line of huge names in comedy including Carol Burnett, James Burrows, Stephen Colbert, Brad Grey, Conan O'Brien, Joan Rivers, Jay Roach, Chris Rock, Ray Romano and Jon Stewart.

Winners are determined by the Comedy Awards Voting Body, however fans will be given the chance to vote in the Breakout Performer of the Year category.